Childplace Inc

Analysis

Childplace Inc is a registered charity in United States, based in Jeffersonville, IN. It received its IRS tax-exemption ruling in November 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Childplace Inc reported income of $9.2m and spending of $7.6m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.1m to $9.2m (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childplace Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include Nexus Diversified Community Services ($9.2m), Memorial Home Inc ($9.2m) and Refugee and Immigrant Assistance Center Inc ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $226k (3.0% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $7.8m against liabilities of $412k, net assets of $7.4m. It reported 165 employees.